Deutsche Bank Job Cuts
- All
- News
-
Deutsche Bank, Amid Job Cuts, On Biggest Bout Of Hiring In India In Years
Deutsche Bank started its India operations in 1980 and now has about 1,800 employees in businesses including retail and wholesale banking, investment-banking advisory and wealth-management services.
-
Deutsche Bank CEO Scolds Managers Over Pricey Suit Fittings Amid Layoffs
Deutsche Bank chief executive Christian Sewing was forced to personally rebuke managers who ordered tailors to their London office as thousands of traders were let go Monday, after details of the pricey suit fitting were revealed in the media.
-
Deutsche Bank Careers Ended With An Envelope, A Hug And A Cab Ride
Summoned by HR to be handed a Deutsche Bank envelope, many of its staff across the world then left their desks for the last time on Monday, shown the door by their German employer within hours of a restructuring announcement.
-
Germany's Deutsche Bank To Cut 18,000 Jobs In Major Overhaul
The overhaul, one of several over the past few years, signals that Deutsche is coming to terms with its failure to keep pace with Wall Street's big hitters such as JP Morgan Chase & Co and Goldman Sachs. The bank did not disclose a geographic breakdown of the job cuts.
-
Deutsche Bank Planning To Cut 10,000 Jobs To Reduce Costs, Says Wall Street Journal
The loss-making bank said last month that equities was one of the areas it was studying for possible reductions.
-
Deutsche Bank Considers Thousands More Job Cuts: Report
Deutsche Bank's finance chief told staff representatives last month that job cuts at the bank could be double that planned, a step that could remove 10,000 further employees, a person with direct knowledge of the matter told Reuters.
-
Deutsche Bank to Cut Workforce by a Quarter: Report
That would bring the group's workforce down to around 75,000 full-time positions under a reorganisation being finalised by new Chief Executive John Cryan, who took control of Germany's biggest bank in July with the promise to cut costs.
-
Budget Should Focus on Growth and Cutting Deficits: Anshu Jain
Anshu Jain, the co-chief executive officer of Deutsche Bank, said that India needs to create a million jobs every month just to stay where it is.
-
Pay cuts may signal 'new normal' on Wall Street
In the past few days, major global banks have taken the axe to pay with unusual zeal. Investors and analysts believe lower compensation is here to stay for some time as firms face unprecedented challenges, in some cases forcing them to fundamentally rethink how they operate.
-
Deutsche Bank to trim Dubai investment banking staff: Sources
The German lender last week outlined plans to cut bonuses, axe more jobs and sell assets, and senior executives said expected job cuts would be "over and above" the 1,900 positions already announced.
-
Goldman Sachs, UBS cut jobs amid slowdown
CLSA has cut 10 jobs in India across sales, core research and the new India Reality Research division.
-
Deutsche Bank, Amid Job Cuts, On Biggest Bout Of Hiring In India In Years
Deutsche Bank started its India operations in 1980 and now has about 1,800 employees in businesses including retail and wholesale banking, investment-banking advisory and wealth-management services.
-
Deutsche Bank CEO Scolds Managers Over Pricey Suit Fittings Amid Layoffs
Deutsche Bank chief executive Christian Sewing was forced to personally rebuke managers who ordered tailors to their London office as thousands of traders were let go Monday, after details of the pricey suit fitting were revealed in the media.
-
Deutsche Bank Careers Ended With An Envelope, A Hug And A Cab Ride
Summoned by HR to be handed a Deutsche Bank envelope, many of its staff across the world then left their desks for the last time on Monday, shown the door by their German employer within hours of a restructuring announcement.
-
Germany's Deutsche Bank To Cut 18,000 Jobs In Major Overhaul
The overhaul, one of several over the past few years, signals that Deutsche is coming to terms with its failure to keep pace with Wall Street's big hitters such as JP Morgan Chase & Co and Goldman Sachs. The bank did not disclose a geographic breakdown of the job cuts.
-
Deutsche Bank Planning To Cut 10,000 Jobs To Reduce Costs, Says Wall Street Journal
The loss-making bank said last month that equities was one of the areas it was studying for possible reductions.
-
Deutsche Bank Considers Thousands More Job Cuts: Report
Deutsche Bank's finance chief told staff representatives last month that job cuts at the bank could be double that planned, a step that could remove 10,000 further employees, a person with direct knowledge of the matter told Reuters.
-
Deutsche Bank to Cut Workforce by a Quarter: Report
That would bring the group's workforce down to around 75,000 full-time positions under a reorganisation being finalised by new Chief Executive John Cryan, who took control of Germany's biggest bank in July with the promise to cut costs.
-
Budget Should Focus on Growth and Cutting Deficits: Anshu Jain
Anshu Jain, the co-chief executive officer of Deutsche Bank, said that India needs to create a million jobs every month just to stay where it is.
-
Pay cuts may signal 'new normal' on Wall Street
In the past few days, major global banks have taken the axe to pay with unusual zeal. Investors and analysts believe lower compensation is here to stay for some time as firms face unprecedented challenges, in some cases forcing them to fundamentally rethink how they operate.
-
Deutsche Bank to trim Dubai investment banking staff: Sources
The German lender last week outlined plans to cut bonuses, axe more jobs and sell assets, and senior executives said expected job cuts would be "over and above" the 1,900 positions already announced.
-
Goldman Sachs, UBS cut jobs amid slowdown
CLSA has cut 10 jobs in India across sales, core research and the new India Reality Research division.
